Seven Deadly Economic Sins: Obstacles to Prosperity and Happiness Every Citizen

Description: Seven Deadly Economic Sins by James R. Otteson For the educated reader without formal training in economics, this volume analyses several central principles of economics and how they relate to enduring questions such as poverty, inequality, and sustainability. Discusses common economic mistakes, how we can avoid them, and how doing so can enable public and private prosperity. FORMAT Paperback CONDITION Brand New Publisher Description You have heard of the Seven Deadly Sins: pride, greed, lust, envy, gluttony, wrath, and sloth. Each is a natural human weakness that impedes happiness. In addition to these vices, however, there are economic sins as well. And they, too, wreak havoc on our lives and in society. They can seem intuitively compelling, yet they lead to waste, loss, and forgone prosperity. In this thoughtful and compelling book, James Otteson tells the story of seven central economic fallacies, explaining why they are fallacies, why believing in them leads to mistakes and loss, and how exorcizing them from our thinking can help us avoid costly errors and enable us to live in peace and prosperity. Author Biography James R. Otteson is the John T. Ryan Jr. Professor of Business Ethics at the University of Notre Dame. He is the author of Adam Smiths Marketplace of Life (2002), Actual Ethics (2006), The End of Socialism (2014), and Honorable Business (2019). Table of Contents Introduction; 1. Wealth Is Positive-Sum; 2. Good Is Not Good Enough; 3. There Is No Great Mind; 4. Progress Is Not Inevitable; 5. Economics and/or Morality; 6. Equality of What?; 7. Markets Are Not Perfect; Conclusion. The World and I. Review Otteson, a philosopher, has written for non-economists the best short introduction to economics, and to a wider political economy. It is lucid, generous, open-handed yet thorough, and solidly based scientifically. Come to think of it, most economists should read it, too. They might stop using philosophical as a term of contempt, and get back to an Adam-Smithian depth of understanding. Deirdre McCloskey, University of Illinois, ChicagoThe word Deadly in Ottesons title is no exaggeration. The great frustrations and famines of recent decades have been failures of state management, rather than contradictions of capitalism. Ottesons contribution is to explain why these catastrophes are the result of good intentions, moral misunderstandings, and confusions about what markets can do. As society moves toward reopening the economy and restoring prosperity, this book is essential reading for what might be done, what cant be done, and the things that lie in between. Michael C. Munger, Duke UniversityJames Otteson is not just a scholar of markets, he is their Mozart. In this compelling tour, Otteson lays out economic principles the way Mozart laid out a sonata. Otteson orders and presents key principles in a fashion any American can understand and appreciate. Amity Shlaes, author of Great SocietyJames R. Ottesons Seven Deadly Economic Sins is a fine effort to introduce readers to the basic principles of market economics. The hamartiological framing - the sins are bad assumptions about how markets work - is part of the authors effort to make the subject more engaging than a typical treatise on economics. It works. Mr. Otteson, a professor of business ethics at Notre Dame, writes with an apt combination of casual wit and rigorous logic." Barton Swain, The Wall Street Journal Promotional Compelling basic principles of economics every citizen should know to enable better personal decision-making and better evaluation of public policy. Details ISBN1108824382 Author James R. Otteson Publisher Cambridge University Press Year 2023 ISBN-13 9781108824385 Format Paperback Imprint Cambridge University Press Subtitle Obstacles to Prosperity and Happiness Every Citizen Should Know Place of Publication Cambridge Country of Publication United Kingdom Publication Date 2023-04-27 AU Release Date 2023-04-27 NZ Release Date 2023-04-27 UK Release Date 2023-04-27 Illustrations Worked examples or Exercises ISBN-10 1108824382 Alternative 9781108843379 DEWEY 330 Audience General We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:141993182;

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